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Question: Suppose one firm's labor demand function is:
D(w) = 2w + 50;
(a) if this firm hires in a competitive market with the marginal expense ME = 10, then what is the employment level for this firm?
(b) if there are 100 firms that are exactly the same like this one hiring labor, what is the market labor demand function? Further, assume the market sup- ply function is S(w) = 300w, then what is the equilibrium market wage and employment level?
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A chemical recovery system costs $30,000 and saves $5,280 each year of its seven=year life. The salvage value is estimated at $7,500. The after-tax MARR is 9% and taxes are at 45%. What is the next after-tax annual benefit or cost of purchasing the c..
Assume that a country produces an output Q of 50 every year. The world interest rate is 10%. Consumption C is 50 every year, and I = G = 0.
Consider a monopolistically competitive market with N firms. The following equations describe the demand, marginal revenue and cost for each firm.
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after graduating from college you receive job offers from five different accounting firms. all job offers have a
You have been hired by Nobody State University as a consultant to help the university with how to increase their total revenue. The university has been struggling in recent years,
How much will the firm want to produce and what employment force will the firms want to hire?
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